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Companies/Targa Resources Corp.
Company profile

Targa Resources Corp.

NYSE: TRGP · Energy · Oil & Gas Midstream
PublicHQ Houston, TX · HarrisCIK 0001389170Reports USD
#26 of 493 Energy companies by revenue70th-percentile growth
EA Score
67B
FH 81DQ 50GM 52SS 77
v0.1 · 65/100 weight · provisional
↑ market scale, Piotroski F · ↓ disclosure history, 3-yr revenue growth
Methodology →
Revenue TTM
$16.4B
Rev growth YoY (TTM)
-2.3%
Net income (FY)
$1.9B
Employees
3,370
Market cap
$55.6B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$17.0B$17.0B2025
Net income$1.9B$1.9B2025
Operating income$3.3B$3.3B2025
Total assets$25.2B$25.2B2025
Equity$3.1B$3.1B2025

Revenue trend

FY2019 – FY2025 · USD
$1.9B
FY19
$7.4B
FY19
$6.9B
FY20
$16.1B
FY21
$19.8B
FY21
$13.5B
FY23
$14.1B
FY24
$17.0B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Logistics And Transportation66%
Gathering And Processing34%
Corporate Non Segment And Inter Segment Elimination-0%
By geography
Logistics And Transportation66%
Gathering And Processing34%
The read

Targa Resources Corp. booked $17.0B in FY2025 revenue, growing 20% year over year — faster than most Energy companies we track, at a 11.3% net margin.

Peers · Energy
ONEOK, Inc.81B+Imperial Oil Limited65BMPLX Lp78B+Baker Hughes Company79B+
Neighbors
Harris →
Exxon Mobil Corporation$332.2B76B+Chevron Corporation$184.4B70BConocoPhillips$51.8B74BQuanta Services, Inc.$28.5B68BWaste Management, Inc.$25.2B82B+Enterprise Products Partners L.P.$52.6B74B
Key facts
CEOMatthew J. Meloy
SectorEnergy
IndustryOil & Gas Midstream
HeadquartersHouston, TX
ExchangeNYSE: TRGP
Employees3,370
IPO date2010-12-07
Latest filings
8-K2026-05-228-K2026-05-0710-Q2026-05-07DEF 14A2026-03-268-K2026-03-028-K2026-02-268-K2026-02-1910-K2026-02-19
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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